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The Uniform Commercial Code dispenses with the requirement for consideration in contracts that involve _______________. a merchant's firm written offer of an irrevocable contract an oral discharge of a claim for an alleged breach of contract modifications on future contracts modifications to executed contracts

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Answer:

a merchant's firm written offer of an irrevocable contract

Explanation:

The uniform commercial code is a comprehensive set of laws governing all commercial transactions in the United States. It is not a federal law but a uniformly adopted state law. It applies to many types of commercial contracts including contract related to the sale of goods, leading of goods, banking transactions, letter of credit. E.t.c.